Unitech Wireless

A late entry into India's crowded telcom sector, Telenor (formerly Uninor) from the start of its India operations, was never able to find its footing in the cut-throat industry.

A Raja 'misled' Manmohan Singh in 2G allocation: CBI

Commencing final arguments in the case, Special Public Prosecutor Anand Grover said that Raja, in conspiracy with other accused, had advanced the cut-off date to favour accused firms in allocation of 2G licences.

EGoM decides to adjust entry fee paid by Uninor

A high-powered ministerial panel today allowed Norwegian telecom firm Telenor's Indian arm to adjust Rs 1,658 crore licence fee it had paid in 2008 against the final price it has to pay for buying spectrum.

TDSAT asks govt to reduce Uninor bank guarantee by 50%

Telecom tribunal TDSAT has directed the government to reduce by 50 per cent the Rs 630 crore Financial Bank Guarantee (FBG) submitted by Uninor at the time of allotment of spectrum for 22 circles.

HC asks Unitech to respond to plea of Telenor

The Delhi High Court today asked Unitech Wireless (Tamil Nadu) Pvt Ltd to respond to its estranged partner Telenor Asia Pte Ltd's plea against the Company Law Board's decision, which has allowed them to settle their dispute over control and transfer of their assets through arbitration.

Chandra accuses ex-RoC official of acting at CBI behest: 2G

A former Registrar of Companies official today refuted in a Delhi court Unitech Ltd MD Sanjay Chandra's allegation that he had acted at the behest of the CBI in writing some words on documernts relating to the change in the object clause of some alleged Unitech group firms.

FIPB rejects Bharti Shipyard's FDI proposal; stock up

Foreign Investment Promotion Board (FIPB) has rejected Bharati Shipyard's FDI proposal for defence operations, reports CNBC-TV18.

Unitech drags foreign partner Telenor to CLB

Real estate major Unitech Group has dragged its telecom parter Telenor to the CLB alleging mismanagement in operations of the joint venture by the Norwegian partner, giving another twist to the already strained relation between them.

Unitech files petition against partner Telenor

Telenor's India mobile phone joint-venture partner, Unitech, said on Tuesday it had filed a petition before the Company Law Board in India, alleging mismanagement of the venture by the Norwegian firm and its key executives, escalating a rift between the partners.

2G spectrum scam: CBI opposes bail plea of Chandra, Goenka

The CBI today opposed the bail plea of Unitech Wireless' MD Sanjay Chandra and Swan Telecom's Director Vinod Goenka in the Supreme Court for their alleged involvement in 2G scam saying that they should not be granted relief in larger interest of society.

Indian court clears way for Telenor unit rights issue

Norway's Telenor said on Wednesday an Indian court's decision has "cleared the way" for a proposed rights issue to raise funds for its Indian mobile phone unit Unitech Wireless.

2G case: Unitech's Chandra says no evidence against him

Unitech Wireless' managing director Sanjay Chandra today told the Supreme Court that the CBI has failed to make out a prima-facie case against him in the 2G scam as it did not have documentary evidence to support the offences mentioned in the charge sheet.

2G scam: SC to see TRAI report on no loss to exchequer

The Supreme Court today said that it would like to go through the TRAI report which said that there was no loss to public exchequer in the allotment to 2G spectrum during the tenure of former Telecom Minister A Raja.

2G scam: Loop indeed an Essar front, says CBI

The CBI, Enforcement Directorate and income tax department have submitted reports on the status of their probes into the 2G scam at the Supreme Court.

2G case: No money trail found in Unitech's case, says CBI

CBI could not find evidence against Unitech Wireless (Tamil Nadu) Private Ltd to show any money trail as "quid pro quo" in lieu of grant of 2G spectrum licenses, a Delhi court was told today.

Bharti paid highest revenue of Rs 1177cr in Q1: TRAI

The country's largest private telecom operator Bharti airtel paid Rs 1,177.48 crore to the government in the April-June quarter toward licence fees and spectrum usage charges, more than any other service provider.

Tales of fasting and bribery in India's graft saga

Read to find out some of the major corruption issues facing the ruling Congress party.

2G: SC seeks CBI's reply on bail pleas of Chandra, Goenka

The Supreme Court today issued notice to the CBI seeking its response on the bail pleas of Unitech Wireless' Managing Director Sanjay Chandra and Director of Swan Telecom Vinod Goenka, accused in the 2G scam case.

No evidence to establish conspiracy with A Raja: Unitech

Telecom firm Unitech Wireless (Tamil Nadu) Limited, accused in 2G spectrum allocation scam, today told a Delhi court that there was no evidence to show that it had conspired with former Telecom Minister A Raja and others to get radio waves despite being an ineligible firm.

Swan says it is not co-conspirator

Swan Telecom today sought its discharge from the 2G case by claiming in a Delhi court that it cannot be held a co-conspirator with former Telecom Minister A Raja as besides it, many firms, including Tata Teleservices and Datacom, were also ready with demand drafts of Rs 1659 crore to get licenses.

2G scam: Unitech MD Sanjay Chandra moves SC for bail

Unitech Wireless Managing Director Sanjay Chandra, an accused in 2G scam, has moved the Supreme Court seeking bail saying CBI has completed investigations against him.

2G case: former telecom secy Behura starts arguments

Former Telecom Secretary Siddhartha Behura today began his arguments in a Delhi court opposing framing of charges against him in the 2G spectrum case.

Chidambaram bound to come as witness in 2G case: A Raja

Former Telecom Minister A Raja today sought to make then Finance Minister P Chidambaram a witness in 2G case, saying he was privy to matters relating to dilution of equities by Swan Telecom and Unitech Wireless to foreign firms.

Swan Telecom is a front company of Reliance ADAG: CBI

The court had on July 18 also allowed the CBI to interrogate afresh Raja, former Telecom Secretary Siddhartha Behura and Gautam Doshi in the lock up of Patiala House court complex for one hour each.

Hope to solve dispute over Uninor rights issue soon:Telenor

Unable to secure long-term loans from Indian banks, Norway's Telenor hopes to reach a consensus on a Rs 6,500 rights issue with its Indian partner in joint venture Unitech Wireless, which offers telecom services under the brand name Uninor, within a month.